Category Archives: For Big Investors
7 MINS READ
The personal consumption expenditures price index was unchanged in October after rising 0.4% the previous month as the cost of goods and services remained flat, data released by the US Bureau of Labor Statistics (BLS) showed. Year-on-year, the headli...
7 MINS READ
Production at US factories fell 0.6% in October amid a slump in motor vehicle output resulting from the United Auto Workers (UAW) strike against the Big Three car manufacturers, the US Federal Reserve announced on Thursday. Compared to the ...
7 MINS READ
The consumer price index (CPI) for all urban consumers (CPI-U), which measures a broad basket of goods and services, was flat last month after rising 0.4% in September, the Labor Department’s Bureau of Labor Statistics (BLS) said on Tuesda...
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Economic growth in the UK stagnated in the September 2023 quarter after expanding at a 0.2% pace in the three months to June 2023, partly from the sharp increase in the interest rates. Year-on-year, the economy grew 0.6% in the third quarter, unchang...
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The US economy added 150,000 jobs in October, around half the jobs created from the downwardly revised 197,000 the previous month, data released by the Bureau of Labor Statistics on Friday showed. A poll of economists by the Wall Street Journal had f...
7 MINS READ
The Federal Open Market Committee (FOMC) left interest rates unchanged at 5.25%-5.50% at the end of their two-day monetary policy meeting on Wednesday, November 1st, in line with market expectations. The decision to maintain the rates at current leve...
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US personal consumption expenditures (PCE) price index increased 0.4% in September, unchanged from the previous month but higher than the 0.3% rise expected by analysts, data released by the Bureau of Economic Analysis (BEA) showed. On the other hand...
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The US real gross domestic product (GDP) expanded at an annual pace of 4.9% in the three months to the end of September 2023 as a shrinking trade deficit and solid consumer spending lifted economic growth, the advance estimate released by the Bureau ...
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US retail sales rose by a solid 0.7% in September, slightly below the upwardly-revised 0.8% in August, as Americans continued spending at bars and restaurants while stepping up online purchases and automobiles, the Commerce Department reported on Tue...
7 MINS READ
Seasonally-adjusted consumer price index (CPI) in the US rose 0.4% in September, slightly below the 0.6% increase the previous month, the US Bureau of Labor Statistics reported. Over the last 12 months, household inflation stood at 3.7%. A poll of ec...
